Get the App

1324 W Balboa Boulevard, Newport Beach, CA 92661

Property

For sale now

1324 W Balboa Boulevard is on the market at $4,099,999. See the current listing →

1324 W Balboa Boulevard, Newport Beach, CA 92661 Sold May 2018 CRMLS
$2,425,000Sold May 2018

Listing Agent: Mehdi Khosh (DRE #00892388) · Listing Office: Berkshire Hathaway HomeService · Contact: 949-644-6200 · Bought with: Mehdi Khosh · Berkshire Hathaway HomeService · MLS #NP18012376 · Source: CRMLS

3,049 sqft
Lot Size
1958
Year Built
Property
Type
2
Stories
0
Garage

How this sale compares

1324 W Balboa Boulevard sold for $2,425,000 in May 2018, 15% under its $2,850,000 list price, after 92 days on the market. Across 33 closed sales in 92661 over the last 12 months, the median sold price is $5,770,000 and the median is $2,540 per square foot.

$2,540
92661 median per sq ft (12 mo)
$5,770,000
92661 median sold price (12 mo)
33
Closed sales in 92661 (12 mo)
92
Days on market
−15%
Sold vs. list price
QuarterClosed sales in 92661Median sold price
Q1 20264$5,350,000
Q2 202615$6,700,000
Q3 202614$4,400,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661

About this property

Prime investment income property located in the heart of Balboa Peninsula. Well Maintained. PROPERTY IS A LEGAL TRIPLEX when seller acquired the units it was split into 6 units to maximize the income. The unit mix consists of the following: Two 2 bedrooms, one bath (Units A & B), four one bedroom, one bath Units A1, A2, C and C1-unit C has a den. Units A & B have their own washer & dryer. There are 3 carports. These units can easily be converted back to 3 or 4 large units. Conveniently located within a walking distance to the ocean and all restaurants and shops in Lido.

Listing description from the May 2018 sale, as reported to CRMLS.

Sale history

$2,425,000
Sold May 2018 · listed $2,850,000, on market February 2018, 92 days on market · MLS #NP18012376 · Source: CRMLS
Listing Agent: Mehdi Khosh · Listing Office: Berkshire Hathaway HomeService · Contact: 949-644-6200 · Bought with: Mehdi Khosh · Berkshire Hathaway HomeService

Recent sales near 1324 W Balboa Boulevard

MLS-reported closed sales in 92661, nearest first (last 12 months). All recent sales in Newport Beach →

Questions about 1324 W Balboa Boulevard

When did 1324 W Balboa Boulevard last sell?

1324 W Balboa Boulevard last sold in May 2018 for $2,425,000, according to CRMLS-reported closed sales.

What did 1324 W Balboa Boulevard sell for?

$2,425,000, 15% below the $2,850,000 list price, after 92 days on the market.

How does that compare to other Newport Beach sales?

33 homes closed in ZIP 92661 over the last 12 months at a median of $5,770,000 ($2,540 per square foot).

Is 1324 W Balboa Boulevard for sale now?

Yes — 1324 W Balboa Boulevard is currently on the market at $4,099,999. Open the current listing on Nalren for photos, details and the listing agent.

See homes for sale in Newport Beach Open the Nalren App

Explore Newport Beach